CHI Stock Overview

The Calamos Convertible Opportunities and Income Fund offers a high 9.38% yield, appealing to income-focused investors despite being lower than the peer median of 10.49%. The fund's mixed asset strategy, including convertible securities and bonds, provides equity exposure and income, but its high leverage may increase volatility. The fund's recent performance shows modest gains, underperforming pure equity funds but offering better returns than investment-grade bonds.

METRO CHICAGO, Ill. , Nov. 1, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in November 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

CHI is a strong CEF fund with a focus on convertibles with growth and quality companies. CHI has a high 9.9% yield. The total return has been strong, comparable to the S&P 500 index so far in 2024. It is a great growth income alternative. In 2024, CHI has consistently been trading at an NAV premium, indicating market confidence in its performance. The current premium drop may present a buying opportunity.

METRO CHICAGO, Ill. , Oct. 1, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in October 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

METRO CHICAGO, Ill. , Sept. 3, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in September 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Calamos Convertible Opportunities and Income Fund aims to provide high current income through convertible securities, outperforming investment-grade bonds year-to-date. The Fund's yield is reasonable at 9.61%, which beats the indices but is below some of its peers. The Fund's leverage looks a bit high, and it has surprisingly increased over the past few months.

You may have noticed that since the pandemic, there's been a somewhat perverse desire to make the economy look worse than it is.

METRO CHICAGO, Ill. , June 4, 2024 /PRNewswire/ -- Calamos Investments®* has announced corrections to monthly distributions and sources of distributions paid in June 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Calamos Convertible Opportunities and Income Fund has provided solid long-term results and provides convertible and high-yield exposure. The fund has also delivered a steady monthly distribution to its investors, though it remains significantly reliant on capital gains. While the fund's premium has come down some since our last update, it is still trading at a premium that could be considered around fair value.